UK GDP Shows Slight Growth Despite Widening Trade Deficit and Economic Uncertainty
UK's monthly real GDP grew 0.1 percent in November 2024 due to service sector growth, but the three-month period showed no growth; the trade deficit widened to £10.8 billion, and unexpected inflation drop offered relief to Chancellor Rachel Reeves.
UK GDP Shows Slight Growth Despite Widening Trade Deficit and Economic Uncertainty
UK's monthly real GDP grew 0.1 percent in November 2024 due to service sector growth, but the three-month period showed no growth; the trade deficit widened to £10.8 billion, and unexpected inflation drop offered relief to Chancellor Rachel Reeves.
Progress
32% Bias Score
Strong 2024 Economic Growth in Key Chinese Provinces
In 2024, major Chinese provinces like Zhejiang (5.5% GDP growth), Beijing (5.2% GDP growth), and Shandong (approaching 10 trillion yuan GDP) demonstrated strong economic performance, exceeding expectations and highlighting successful industrial restructuring and innovation.
Strong 2024 Economic Growth in Key Chinese Provinces
In 2024, major Chinese provinces like Zhejiang (5.5% GDP growth), Beijing (5.2% GDP growth), and Shandong (approaching 10 trillion yuan GDP) demonstrated strong economic performance, exceeding expectations and highlighting successful industrial restructuring and innovation.
Progress
44% Bias Score
China to Implement Proactive Fiscal Policy with Increased Deficit and Bond Issuance
China will significantly increase its fiscal spending in 2024, raising its deficit-to-GDP ratio potentially to 4 percent and issuing more government bonds to boost economic growth, specifically targeting infrastructure and affordable housing to counter domestic and global economic headwinds.
China to Implement Proactive Fiscal Policy with Increased Deficit and Bond Issuance
China will significantly increase its fiscal spending in 2024, raising its deficit-to-GDP ratio potentially to 4 percent and issuing more government bonds to boost economic growth, specifically targeting infrastructure and affordable housing to counter domestic and global economic headwinds.
Progress
52% Bias Score
China's Economy Shows Signs of Recovery Amidst Government Stimulus
China's economy shows signs of recovery, with a narrowing decline in industrial profits and government initiatives boosting domestic demand and high-quality development, according to a recent economic census and expert analysis.
China's Economy Shows Signs of Recovery Amidst Government Stimulus
China's economy shows signs of recovery, with a narrowing decline in industrial profits and government initiatives boosting domestic demand and high-quality development, according to a recent economic census and expert analysis.
Progress
52% Bias Score
UK GDP Growth Revised Down to Zero for Q3 2024
The UK's GDP experienced zero growth in Q3 2024, a downward revision from 0.1% growth, with the services sector stagnant and construction gains offset by production decline; the Q2 growth was also revised down to 0.5%.
UK GDP Growth Revised Down to Zero for Q3 2024
The UK's GDP experienced zero growth in Q3 2024, a downward revision from 0.1% growth, with the services sector stagnant and construction gains offset by production decline; the Q2 growth was also revised down to 0.5%.
Progress
48% Bias Score
UK Economy Stagnates in Q3 2024: Zero Growth Recorded
Revised ONS figures show the UK economy recorded zero growth in the third quarter of 2024, a significant drop from initial estimates and lower than other G7 nations; real GDP per head fell by 0.2%, and household disposable income remained stagnant.
UK Economy Stagnates in Q3 2024: Zero Growth Recorded
Revised ONS figures show the UK economy recorded zero growth in the third quarter of 2024, a significant drop from initial estimates and lower than other G7 nations; real GDP per head fell by 0.2%, and household disposable income remained stagnant.
Progress
44% Bias Score
UK Economy Shows Slight Growth in November Amidst Stagnation Concerns
The UK economy grew by 0.1% in November, following a 0.1% drop in October, but this slower-than-expected growth raises concerns about stagnation despite a rise in services and construction, offset by falls in manufacturing and other sectors.
UK Economy Shows Slight Growth in November Amidst Stagnation Concerns
The UK economy grew by 0.1% in November, following a 0.1% drop in October, but this slower-than-expected growth raises concerns about stagnation despite a rise in services and construction, offset by falls in manufacturing and other sectors.
Progress
60% Bias Score
Chinese Provinces Exceed Economic Growth Expectations in 2024
In 2024, major Chinese provinces like Zhejiang (5.5% growth), Beijing (5.2% growth), and Shandong (nearing 10 trillion yuan GDP) exceeded economic expectations, driven by industrial innovation and modernization, boosting national GDP confidence.
Chinese Provinces Exceed Economic Growth Expectations in 2024
In 2024, major Chinese provinces like Zhejiang (5.5% growth), Beijing (5.2% growth), and Shandong (nearing 10 trillion yuan GDP) exceeded economic expectations, driven by industrial innovation and modernization, boosting national GDP confidence.
Progress
40% Bias Score
UK Faces Economic Stagnation, Challenges in Starmer's First Six Months
UK Prime Minister Keir Starmer announced a plan to "rebuild Britain" in his New Year's message, addressing zero GDP growth in Q3 2024, revised down from 0.1 percent, and forecasting zero growth for Q4, while facing challenges such as NHS pressures, prison overcrowding, and illegal immigration, with ...
UK Faces Economic Stagnation, Challenges in Starmer's First Six Months
UK Prime Minister Keir Starmer announced a plan to "rebuild Britain" in his New Year's message, addressing zero GDP growth in Q3 2024, revised down from 0.1 percent, and forecasting zero growth for Q4, while facing challenges such as NHS pressures, prison overcrowding, and illegal immigration, with ...
Progress
48% Bias Score
Spain's Economy Booms: Record Public Spending Fuels 0.8% GDP Growth in Q3 2024
Spain's GDP grew 0.8% in Q3 2024, driven by a record 2.5% increase in public consumption and 1.2% rise in household spending, exceeding EU counterparts despite a 1.3% investment drop.
Spain's Economy Booms: Record Public Spending Fuels 0.8% GDP Growth in Q3 2024
Spain's GDP grew 0.8% in Q3 2024, driven by a record 2.5% increase in public consumption and 1.2% rise in household spending, exceeding EU counterparts despite a 1.3% investment drop.
Progress
52% Bias Score
UK Economy Stagnates, Raising Recession Fears
Britain's economy showed zero growth in the third quarter of 2024, according to the Office for National Statistics, raising concerns about a potential recession under the new Labour government, while business confidence is at its lowest point of 2024, and household savings are being depleted.
UK Economy Stagnates, Raising Recession Fears
Britain's economy showed zero growth in the third quarter of 2024, according to the Office for National Statistics, raising concerns about a potential recession under the new Labour government, while business confidence is at its lowest point of 2024, and household savings are being depleted.
Progress
52% Bias Score
U.S. Economy Posts 3.1% Growth in Q3 Despite Inflation and Election Results
The American economy expanded by 3.1% in Q3 2023, fueled by robust consumer spending and export growth, despite persistent inflation and the recent election of Donald Trump.
U.S. Economy Posts 3.1% Growth in Q3 Despite Inflation and Election Results
The American economy expanded by 3.1% in Q3 2023, fueled by robust consumer spending and export growth, despite persistent inflation and the recent election of Donald Trump.
Progress
48% Bias Score